The issue is that in the bygone era the theory that there was a...

The issue is that in the bygone era the theory that there was a stack of cash on the sidelines was purely funded by leveraging. Those days are finished - kaput.

Easy credit is a thing of the past and banks lending to each other as the cost of borrowing to cover their risk are at astronomical levels which makes me believe there is no cash on the sidelines.

Funds are closing at a rapid rate due to their underperformance.. we are going to have sovereign issues as pension funds are on the brink of collapse, unemployment spiraling out of control...the consumer ---the 'consumer' will no longer be able to gain credit which has funded this 20 year bull market.

Unfortunately, I just wanted to feel what it was like to be a young-dumb full of cum bull again.